What is Money Line?
This is a type of betting line which lays out the amount a player must wager in order to win $100.00, or the amount the player wins on a wager of $100.00.
There is no point spread or handicap in this line.
In order to win a moneyline bet, the team wagered on simply has to win the game.
What does a +200 money line mean?
Money line odds – These are by far the most common form of odds in North America for sports betting. A negative money line represents the amount that you would have to bet to win $100 if you were correct. For example, a -200 money line means you would win $100 if you bet $200 and won.
How do money line odds work?
A moneyline bet is on who will win the game, irrespective of the spread. In the above example, the minus (-) sign in front of the price means that the New York Giants are the favorites in this particular game. The -145 means that the bettor will win $100 for every $145 bet if his or her bet wins.
How is Money Line calculated?
Remember, divide 100 by the moneyline number and multiply that number by the size of your bet. Calculating the payouts for decimal odds is much easier than it is with moneyline/American odds. You do not have to account for whether or not the team or contestant is a favorite or an underdog.
What does spread and moneyline mean?
Simply put, it means betting on a specific team to win a game. While betting on a point spread is about who wins and by how much, a moneyline bet is solely about who wins. Moneyline bets might seem confusing until you understand the essentials.
What does +400 mean in a bet?
The +400 for the Rams means that a bet on the Rams would pay 4 to 1. The -600 on the Vikings means that if you bet them, then you have to lay 6 to 1. Examples: A $100 on the Rams would win $400.
What does +500 mean in a bet?
Answered Aug 1, 2016. +500 is a way to represent the odds of a bet, it means that for every 100 you gamble you win 500. +350 would mean for every 100 you risk you will gain 350 if the bet wins. If you see a negative number e.g. -200 it means you need to risk 200 for a return of 100.
How does a money line work?
What is Money Line? This is a type of betting line which lays out the amount a player must wager in order to win $100.00, or the amount the player wins on a wager of $100.00. There is no point spread or handicap in this line. In order to win a moneyline bet, the team wagered on simply has to win the game.
What does +800 mean in gambling?
In this example, Mayweather is the favorite at -800, which essentially means he’s an 8-1 favorite. Just remember this: a minus-sign means you have to bet that amount to win $100. A plus-sign means that you win that amount if you bet $100.
What is the payout on 20 to 1 odds?
Reading the Win Odds
For example, 6-5 means you will get $6 in profit for every $5 you wager, while 20-1 means you get $20 in profit for every $1 you wager. In the latter example, a bet of $2 means you would get $42 back for a winning wager.